Investors offered front-row commercial position opposite Bondi Beach
Investors have the chance to secure a front-row commercial location overlooking Bondi Beach, with a mixed-use freehold on Campbell Parade hitting the market with price expectations above $25 million.
The property offers exposure to one of Australia’s most heavily visited coastal destinations, where millions of visitors, locals and beachgoers pass through each year.
Sitting on a 430-square-metre landholding with a 706.8-square-metre building area, 96 Campbell Parade comprises ground-floor retail and six residential apartments, which will provide the new owner with an immediate income stream if they choose not to redevelop.
Matt Pontey of Cushman & Wakefield Sydney says the combination of location, income and development potential is expected to attract strong buyer interest.
“Opportunities of this calibre, directly opposite Bondi Beach with mixed-use income and development potential, rarely come to market, and when they do, they attract a very specific tier of buyer who values generational-grade real estate,” he says.
The property is zoned E1 Local Centre under Waverley Council, allowing for a 3:1 floor space ratio and a 15-metre height limit, providing scope for future redevelopment.
Its designation as a key site under Clause 6.9 (Design Excellence) of the Waverley Local Environmental Plan further strengthens its potential for a landmark project, while existing approval for a 22-room hotel adds another potential pathway for rebrand.
Cushman & Wakefield Sydney’s Miron Solomons says the property’s combination of scale, zoning flexibility and beachfront prominence places it among the most desirable coastal investment opportunities currently available in Sydney.
“There’s enormous appetite for prime coastal assets with future upside, and 96 Campbell Parade sits at the top of that hierarchy,” he says.
“The scarcity factor along Bondi’s beachfront cannot be overstated – there simply aren’t many holdings like this left. For buyers, it represents both immediate income and long-term strategic value.”
The strip’s concentration of dining, retail and beachfront tourism continues to generate some of Sydney’s strongest pedestrian traffic throughout the year.
The address also carries notable heritage, having previously been owned by hospitality figures John and Merivale Hemmes and is currently surrounded by some of Bondi’s best-known hospitality venues including Hotel Ravesis, Bondi Beach Public Bar, Sean’s and Icebergs. .
